April 23, 2019
Petroleum, petrodollar and crude oil concept : Pump jack and a black barrel on US USD dollar notes, depicts the money received or earned from sales after investment in the development of oil industry.

CAD and NOK up as Reports State the US Will Removes Tariff Waivers for Importers of Iranian Oil

The Canadian Dollar and Norwegian Krone were both boosted yesterday as the Washington Post broke a story that the US will announce the removal of tariff waivers for those who continue to import Iranian oil. It’s anticipated that the Secretary of state Mike Pompeo will shortly announce US sanctions to nations that continue to import […]
March 4, 2019
Canadian dollars on wooden desk, macro

How to Send or Transfer Money to Canada

Canada is one of the most desirable countries for British expats to relocate to. This is due partly because of the English language from previous commonwealth links, liberal & progressive culture, stunning scenery and their equivalent of the NHS meaning no need for the expensive American style private system. Their largest industries are agriculture, water, […]
February 4, 2019

Canadian Dollar Rises to 3 Month High as Oil Prices Rise And Gap Between Yields Narrow

The end of the week saw the Canadian Dollar gain further ground against the US dollar with oil prices and the gap between Canadian marketable bond and US treasury’s yields narrowing. The combination spurred the CAD/USD pair to a 3-month high. Despite recent warnings from Canadian economic data that demonstrated the economy had slowed in […]
January 21, 2019
Canadian banknotes on white background

CAD Hits 9 Day Low as Oil Prices Slip – but Could It Turn a Corner in 2019?

The Canadian Dollar slipped to a 9-day low against its US counterpart this week following yet another drop in oil prices. US crude slipped to $52.07 a barrel on Thursday following increased US production, contributing to CAD losing further ground against USD. Although the oil price led CAD depreciation was minimal it drove the commodity […]
January 21, 2019
Success way. Tropical island in the form of dollar, 3D Illustration

Why I’m Not Living on My Own Island

This is why £2 a week on a footie accumulator is quite enough excitement for me. should I have been inclined to have a flutter on a sterling position last week, then a triple-digit defeat for May’s Brexit bill having negative implications for the pound would have seemed a wise wager. So what happens? May […]
January 14, 2019
currency exchange rate on digital LED display board

The G7 – A Week in Foreign Exchange

After the UK government lost a key Brexit Finance bill last week, the likelihood of a ‘no deal’ continues to decrease. It appears that, with her Commons vote on Tuesday (7 p.m.) and her comments over the weekend, Teresa May will be appealing to the ‘leavers’ in her party to either vote for a deal […]
December 13, 2018
Canadian money on a black background

Canadian Dollar Saved after Positive November Jobs Outlook

CAD surges after sound November labour market data. Despite healthy Jobs and unemployment, wages continue to disappoint. Bank of Canada outlook softened due to the positive data report A brief relief for CAD after a dark few months Friday was a happy day for the Canadian Dollar after it strengthened rapidly after November’s labour market […]
December 10, 2018
Canadian dollar (CAD) notes from 5 to 100

Need Canadian Dollars? Everything You Need to Know about What Will Affect the CAD Rate

7 currencies account for over 80% of the volume of the forex market, and the Canadian dollar (known as the “Loonie” because of the appearance of a loon on the back of the C$1 coin as slang) is one of these major currencies, and is the fifth-most held currency as a reserve. The Canadian dollar’s […]
October 15, 2018
North American Free Trade Agreement or Nafta and 2026 football world cup organizing countries concept with close up on the flags of Mexico, USA and Canada

Who Was the Real Winner from the ‘New NAFTA’ Deal?

After 14 months of negotiations, personal attacks and twitter rants it would appear that the US, Canada and Mexico are going to approve a ‘new NAFTA’ deal renamed the USMCA deal. Although every nation appears to have made concessions we take a look a key parts of the deal and what they might offer each […]